FED Chairman Jerome Powell will present the “Semi-Annual Monetary Policy Report” to the House Financial Services Committee yesterday and today. Powell, who …
Fed
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Scams
Bitcoin Cash Breaks Out, Cardano Breaks Down as Crypto Traders Hold Breath on Fed: Analysis
by shayaanby shayaanIn brief Bitcoin Cash (BCH) rallies 6% with strong buying pressure and positive momentum indicators. Cardano (ADA) slides 3.5% below key moving …
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Regulation
Powell reaffirms Fed has no issues with banks conducting crypto activities
by shayaanby shayaanFederal Reserve Chair Jerome Powell reaffirmed that the central bank does not object to U.S. banks providing services to cryptocurrency companies or …
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In brief Federal Reserve Chair Jerome Powell said it was a “great thing” to see progress on crypto legislation. Meanwhile, the Fed …
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Regulation
Fed joins regulators dropping reputational risk factor, clearing banks to serve crypto firms
by shayaanby shayaanThe Federal Reserve Board on June 23 removed reputational risk from its bank supervision program, ordering staff to strike the term from …
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Finance
US stocks fell for the third straight day as Middle East tensions outweighed Fed rate cut hopes
by shayaanby shayaanStocks slipped for a third straight session on Friday, with traders dumping risk as Middle East tensions kept heating up. The S&P …
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FED official Mary Daly said in her statements that the US economy is currently in “good shape” and monetary policy is “balanced”. …
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Finance
Senior FED Official Barkin Makes Critical Statements on Interest Rates Amid Important FED Week
by shayaanby shayaanRichmond Fed President Thomas Barkin, one of the Fed officials, said today that there was no need to rush to cut interest …
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Finance
Interest Rate Good News from a FED Member! Will We See a Summer Rally in Bitcoin (BTC) and Altcoins?
by shayaanby shayaanWhile the FED is expected to start interest rate cuts, which it has been pausing since January, to cause a rally in …
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Regulation
Equities Dip as President Donald Trump Rips Into Fed Chair Jerome Powell for Not Lowering Rates
by shayaanby shayaanThe stock market tumbled this week as US President Donald Trump continued his attacks on Federal Reserve Chair Jerome Powell. The Federal …